Downtown Tempe is on the cusp of a transformative development, and a significant opportunity has just emerged for visionary developers. The city of Tempe is seeking proposals to redevelop a prime parcel of land located at 124 E. Sixth St., the former site of the Tempe Performing Arts Center. This sought-after property, nestled in the heart of the historic Mill Avenue district, is now available for a mixed-use high-rise project that could redefine the area’s skyline and functionality.
A Prime Location With Endless Possibilities
Just a five-minute walk from Tempe Town Lake and close to streetcar and light rail lines, this property is ideally positioned in downtown Tempe. Its proximity to Arizona State University, the city hall parking garage, and Ragsdale-MLK Park adds to its appeal. Central and accessible, it’s perfect for a development project focused on urban living and working spaces. Tempe Mayor Corey Woods is enthusiastic about this redevelopment opportunity, which aims to create much-needed attainable housing for a diverse workforce and address broader community needs.
Key Requirements and Expectations
The city’s release outlines several key requirements for prospective developers:
- Mixed-Use Design: The project should include rental housing units for all income levels, office spaces, and ground-floor commercial areas. The inclusion of affordable housing is a significant component, with a target of at least 20% of the units designated as affordable.
- Sustainability: Developers should have experience with the International Green Building Code for Construction to ensure that the project promotes environmental sustainability.
- Walkability: The design should enhance walkability, contributing to a pedestrian-friendly environment that integrates seamlessly with the surrounding area.
How To Get Involved
Firms interested in this redevelopment opportunity must submit their proposals through the city’s procurement portal by 3 p.m. on September 16. For more information and to access the submission portal, visit Tempe’s procurement portal.
This is a rare chance to be part of a transformative project that will shape the future of downtown Tempe. The city is eager to partner with developers who are not only experienced and innovative but also committed to creating a development that reflects Tempe’s dynamic spirit and diverse community needs.
